Sterneck Capital Management Has Lowered Its Holding in Verifone Sys (PAY) as Stock Value Rose; Holder Mar Vista Investment Partners Lifted Mondelez International (MDLZ) Holding

June 19, 2018 - By Adrian Erickson

Mondelez International, Inc. (NASDAQ:MDLZ) Logo

Mar Vista Investment Partners Llc increased its stake in Mondelez International Inc (MDLZ) by 1.75% based on its latest 2018Q1 regulatory filing with the SEC. Mar Vista Investment Partners Llc bought 24,050 shares as the company’s stock declined 11.59% with the market. The institutional investor held 1.40 million shares of the consumer non-durables company at the end of 2018Q1, valued at $58.44M, up from 1.38 million at the end of the previous reported quarter. Mar Vista Investment Partners Llc who had been investing in Mondelez International Inc for a number of months, seems to be bullish on the $59.50 billion market cap company. The stock increased 0.40% or $0.16 during the last trading session, reaching $40.34. About 4.50M shares traded. Mondelez International, Inc. (NASDAQ:MDLZ) has declined 14.94% since June 19, 2017 and is downtrending. It has underperformed by 27.51% the S&P500. Some Historical MDLZ News: 03/05/2018 – S&PGR Rts Mondelez International’s Sr Unscrd Nts ‘BBB’; 16/04/2018 – Mondelez Announces Early Tender Results of Its Cash Tender Offer and Consent Solicitation; 17/04/2018 – Mondelēz International Opens $90 Million ‘Factory of the Future’ in Bahrain; 13/04/2018 – Mondelez Debt Buyback Presents `Prisoner’s Dilemma’ to Holders; 01/05/2018 – Mondelez 1Q Rev $6.77B; 15/05/2018 – Trian Cuts Mondelez, Buys More Sysco: 13F; 16/04/2018 – Mondelēz International Announces Early Tender Results of Its Cash Tender Offer and Consent Solicitation; 29/03/2018 – MONDELEZ – DEBORA KOYAMA ASSUMES ROLE OF REGIONAL CHIEF MARKETING OFFICER FOR EUROPE, JOINING FROM ABINBEV; 05/03/2018 – S&PGR Rates Mondelez International’s Snr Unsecured Nts ‘BBB’; 29/05/2018 – REALFICTION RECEIVES ORDER FOR 49 DREAMOC HD3 DISPLAYS TO BE USED BY GLOBAL SNACK COMPANY MONDELEZ

Sterneck Capital Management Llc decreased its stake in Verifone Sys Inc (PAY) by 46.27% based on its latest 2018Q1 regulatory filing with the SEC. Sterneck Capital Management Llc sold 57,590 shares as the company’s stock rose 34.61% while stock markets declined. The institutional investor held 66,878 shares of the miscellaneous company at the end of 2018Q1, valued at $1.03 million, down from 124,468 at the end of the previous reported quarter. Sterneck Capital Management Llc who had been investing in Verifone Sys Inc for a number of months, seems to be less bullish one the $2.54 billion market cap company. The stock increased 0.13% or $0.03 during the last trading session, reaching $22.9. About 999,437 shares traded. VeriFone Systems, Inc. (NYSE:PAY) has risen 26.90% since June 19, 2017 and is uptrending. It has outperformed by 14.33% the S&P500. Some Historical PAY News: 16/04/2018 – Verifone Launches Engage V400c, the First Touchscreen Countertop in Next Generation Family; 09/04/2018 – VERIFONE TO BE BOUGHT BY FRANCISCO PARTNERS FOR $3.4B; 10/04/2018 – S&PGR Places VeriFone Rtgs On WatchNeg On Buyout Anncmt; 09/04/2018 – Verifone: Francisco Agreement Calls for $333M Termination Fee If Company Terminates Deal for Superior Offer Before No-Shop Start Date; 09/04/2018 – Verifone: Termination Fee Would Be $86.6M If Not Terminated Before No-Shop Start Date; 09/04/2018 – A private investment group will acquire Verifone for $23.04 per share, for a total of $3.4 billion, including debt; 08/03/2018 – VERIFONE: FOR CARBON, PLANNING PILOTS 2X AS LONG AS ENGAGE; 09/04/2018 – VERIFONE SYSTEMS – MERGER AGREEMENT INCLUDES A “GO-SHOP” PERIOD; 08/03/2018 – VERIFONE SYSTEMS INC PAY.N FY2018 SHR VIEW $1.48, REV VIEW $1.80 BLN — THOMSON REUTERS l/B/E/S; 27/03/2018 – VeriFone Presenting at Bank of America Conference Tomorrow

Investors sentiment increased to 1.04 in Q1 2018. Its up 0.04, from 1 in 2017Q4. It improved, as 46 investors sold MDLZ shares while 390 reduced holdings. 101 funds opened positions while 352 raised stakes. 1.06 billion shares or 0.62% less from 1.07 billion shares in 2017Q4 were reported. Jnba Advsr stated it has 558 shares or 0.01% of all its holdings. Mariner Wealth Advsr holds 0.07% or 27,599 shares. Sumitomo Life reported 48,976 shares or 0.27% of all its holdings. Wealthtrust stated it has 102 shares or 0% of all its holdings. Exchange Cap reported 101 shares. 62,309 were reported by Westover Capital Advsrs Ltd Liability Co. Northwestern Mutual Wealth Mngmt invested in 72,770 shares. America First Inv Advsrs Ltd Com, Nebraska-based fund reported 1,150 shares. Regions Fincl has 221,736 shares for 0.1% of their portfolio. Wright Invsts Ser Incorporated accumulated 0.32% or 22,272 shares. Pathstone Family Office Ltd Liability holds 0% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ) for 169 shares. Triangle Securities Wealth Management reported 0.47% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ). Goldman Sachs Gp has invested 0.08% in Mondelez International, Inc. (NASDAQ:MDLZ). 8,170 were accumulated by Kanawha Ltd Liability Company. Jump Trading Ltd Liability Company invested 0.03% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ).

Mar Vista Investment Partners Llc, which manages about $1.80B and $2.52 billion US Long portfolio, decreased its stake in Oracle Corp (NYSE:ORCL) by 100,330 shares to 2.79 million shares, valued at $127.54 million in 2018Q1, according to the filing. It also reduced its holding in Roper Technologies Inc (NYSE:ROP) by 21,347 shares in the quarter, leaving it with 354,648 shares, and cut its stake in Adobe Systems Inc (NASDAQ:ADBE).

Since February 16, 2018, it had 2 insider purchases, and 3 selling transactions for $1.03 billion activity. On Friday, March 9 MAY PETER W bought $45.54 million worth of Mondelez International, Inc. (NASDAQ:MDLZ) or 1.03 million shares. 10,931 shares were sold by Weber Hubert, worth $478,668 on Thursday, February 22. Shares for $284.87M were sold by PELTZ NELSON on Tuesday, February 27.

Among 23 analysts covering Mondelez International Inc (NASDAQ:MDLZ), 18 have Buy rating, 1 Sell and 4 Hold. Therefore 78% are positive. Mondelez International Inc had 66 analyst reports since July 31, 2015 according to SRatingsIntel. On Tuesday, October 31 the stock rating was maintained by Credit Suisse with “Outperform”. BMO Capital Markets maintained it with “Buy” rating and $4800 target in Wednesday, June 14 report. On Monday, October 26 the stock rating was initiated by Susquehanna with “Positive”. As per Wednesday, February 8, the company rating was downgraded by Susquehanna. The firm earned “Buy” rating on Friday, October 13 by UBS. The stock has “Buy” rating by Bank of America on Thursday, February 1. The company was maintained on Thursday, April 28 by RBC Capital Markets. The stock of Mondelez International, Inc. (NASDAQ:MDLZ) earned “Buy” rating by Piper Jaffray on Thursday, January 18. The rating was maintained by RBC Capital Markets on Monday, October 26 with “Outperform”. The firm has “Overweight” rating by JP Morgan given on Wednesday, November 1.

More recent Mondelez International, Inc. (NASDAQ:MDLZ) news were published by: Streetinsider.com which released: “Mondelez International (MDLZ) PT Lowered to $52 at Berenberg” on June 19, 2018. Also Globenewswire.com published the news titled: “MondelÄ“z International Completes Acquisition of Tate’s Bake Shop” on June 07, 2018. Globenewswire.com‘s news article titled: “MondelÄ“z International Names Luca Zaramella as Chief Financial Officer” with publication date: June 19, 2018 was also an interesting one.

More news for VeriFone Systems, Inc. (NYSE:PAY) were recently published by: Prnewswire.com, which released: “Contactless Payment Popularity is on the Rise” on June 19, 2018. Seekingalpha.com‘s article titled: “Stocks To Watch: Eyes On Apple’s WWDC, SCOTUS And DC” and published on June 02, 2018 is yet another important article.

Investors sentiment decreased to 1.06 in Q1 2018. Its down 0.02, from 1.08 in 2017Q4. It dived, as 22 investors sold PAY shares while 78 reduced holdings. 36 funds opened positions while 70 raised stakes. 109.71 million shares or 2.40% less from 112.41 million shares in 2017Q4 were reported. Canada Pension Plan Investment Board accumulated 414,608 shares. Texas Permanent School Fund accumulated 0.01% or 73,054 shares. Citadel Ltd Liability Corp invested in 0% or 288,753 shares. Teacher Retirement System Of Texas accumulated 24,825 shares. Capital Inv Of America holds 0.8% of its portfolio in VeriFone Systems, Inc. (NYSE:PAY) for 334,565 shares. Parallax Volatility Advisers Limited Partnership has 772,051 shares for 0.02% of their portfolio. Pnc Finance Serv Grp Inc Inc accumulated 3,099 shares. Private Harbour Investment Mgmt Counsel Ltd Co owns 35,435 shares or 0.51% of their US portfolio. Exane Derivatives invested in 2,274 shares or 0% of the stock. Dreman Value L L C accumulated 17,571 shares. State Board Of Administration Of Florida Retirement Systems holds 0% or 82,066 shares. Moreover, Whittier Trust Company Of Nevada Inc has 0.01% invested in VeriFone Systems, Inc. (NYSE:PAY). River Road Asset Mgmt Ltd Llc invested in 0.41% or 1.30M shares. Whittier accumulated 48,135 shares or 0.02% of the stock. Cna Finance invested 0.25% of its portfolio in VeriFone Systems, Inc. (NYSE:PAY).

Among 31 analysts covering Verifone Systems Inc. (NYSE:PAY), 7 have Buy rating, 1 Sell and 23 Hold. Therefore 23% are positive. Verifone Systems Inc. had 84 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of VeriFone Systems, Inc. (NYSE:PAY) earned “Outperform” rating by Imperial Capital on Monday, June 20. As per Wednesday, June 8, the company rating was downgraded by Barclays Capital. Compass Point maintained VeriFone Systems, Inc. (NYSE:PAY) on Tuesday, December 13 with “Neutral” rating. The stock of VeriFone Systems, Inc. (NYSE:PAY) earned “Hold” rating by Deutsche Bank on Friday, September 2. The stock has “Hold” rating by Piper Jaffray on Monday, April 9. The firm earned “Neutral” rating on Friday, December 11 by Credit Suisse. On Monday, July 10 the stock rating was maintained by RBC Capital Markets with “Hold”. Piper Jaffray maintained the shares of PAY in report on Thursday, September 7 with “Hold” rating. BTIG Research maintained the shares of PAY in report on Thursday, March 8 with “Hold” rating. On Wednesday, December 13 the stock rating was maintained by Credit Suisse with “Neutral”.

Mondelez International, Inc. (NASDAQ:MDLZ) Institutional Positions Chart

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